Lonking buys back $11 million 0% convertibles

New York, Jan. 7 - Lonking Holdings Ltd. said it repurchased $11 million of its zero-coupon convertible bonds due 2012 on Wedneday.

Lonking paid a price of 91 for the bonds, for a total of $10.01 million.

Hong Kong-based Lonking, formerly China Infrastructure Machinery Holdings Ltd., is a maker of wheel loaders and other infrastructure machinery.

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